Potrapeluk Family Acquires Development Site At 42 Richardson Street In Williamsburg For $2.9M

The property involved in this transaction is a development site located at 42 Richardson Street, Williamsburg, Brooklyn. The sale price was $2,900,000, with a building square footage (BSF) of 5,000, resulting in a price per building square foot (PPBSF) of $580. The site offers a total square footage (SF) of 2,500, which equates to a price per square foot (PPSF) of $1,160.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,900,000
• Address: 42 Richardson Street
• Market: Williamsburg, Brooklyn
• BSF: 5,000
• PPBSF: $580
• SF: 2,500
• PPSF: $1,160
• Buyer: Potrapeluk Family
• Seller: Josephine Soriano
• Brokers: Derek Bestreich, Luke Sproviero, Adam Lobel, Donal Flaherty, Corey Haynes, Thomas Ventura & Sal Monteverde - Investment Property Realty Group (IPRG)

The transaction was executed on 07/28/2026, involving key representatives such as Derek Bestreich and Luke Sproviero among others from Investment Property Realty Group (IPRG), who played a significant role in facilitating the deal.